Making Money In Online Binary Trading (A Beginners Bk II)
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The warning towards this venture is “do not invest in something that you do not entirely understand.” If you are unable to explain the investment opportunity in a few words and in an understandable way, you may need to reconsider your position and the potential risk to your investment. From this beginning, I will say that before investing in binary options, you should take the precautions that must include checking to see if the binary options trading platform has registered the offer and sale of the product with the necessary regulatory body. “In finance, a binary option is a type of option where the payoff is either some fixed amount of some asset or nothing at all. The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The cash-or-nothing binary option pays some fixed amount of cash if the option expire in-the-money while the asset-or-nothing pays the value of the underlying security. Thus, the options are binary in nature because there are only two possible outcomes.Binary Options in Global Financial Markets fall under the umbrella of exotic options but within financial markets they are often referred to as digital options. While digital options are very simple to understand and easily traded, the calculations behind the pricing is sophisticated and so they are considered exotic options.
Will Anthony, Jr
Will Anthony Jr. is currently the Chairman of the Uasin Gishu County Land Control Board which caters for over one million people. Before this stint, he worked in other capacities with the National government. He has also been lecturer in three religious institutions, a service to the youth to gather knowledge from the aging population. In his life time, Will Anthony Jr. says he has met a lot of people and can unflinchingly say that he loved most of them. Why most of them? Well, it is a tall order to love everyone you meet! Will Anthony Jr. has written several e-books touching on diverse subjects that relate to society. The books extensively cover human social and economic practices and this is so because expertise in one field in Africa can become a drudgery according to his practical view. His perception is that if you were born in Africa and the continent is your aboriginal home, you are likely to have English as your second language (ESL). Sometimes it could even be a third language. For him, he had to learn his mother tongue then learn both English and Swahili simultaneously. He went to his pre-primary bare foot, later he joined the local primary school 5 Km away and had to trek barefoot again not because his parents could not buy him shoes but because cobblers were a rare find. That journey was a daily toil of 10 Km, 5 days in a week or ~270 days yearly for 7 years. With a smirk he says that when you achieve a PhD in Africa, then You have done Plenty of hard Digging (PhD) or you have a Permanent head Damage (PhD) and you might end up in a ditch because your IQ cannot contain the booze like the local fellas!"Why did the English colonize Africa?" To keep the African languages in Czech (check), and he says that one must forgive this pun. But besides the pun, English has broken both social and economic barriers of the once "dark continent" whose forefathers slaved the white farms and firms to lace the pockets of their Lords.A PhD holder in Africa will still practice other 'trades' though they maybe 'very' learned because poverty is shameless, one has to draw bounds through plenty of smart work or else, it will be a shame to steal so as to maintain class.He published a book in 1992, but the publisher coned him , he took her to court and the case aged in judicial corridors for 12 years. He then made a decision to abandon the matter and to forget about writing books. However, Self publishing made him to change that decision. More than anything, He salutes Smashwords Inc. for the platform.In retrospect, He recalls a Dr. Alfred Sam, a friend of his from North America who was also a dean of studies in a local university, exposing his white ass in the university's auditorium to catch attention. The noise ceased as students and lecturers turned to look at the grown-up man on the podium doing the abominable. Well, the good Dr. in anthropology then simply pulled up his trousers buckled the belt and said, "Thank You, now I have your attention..."For the sake of simplicity, without much display of academia, Will Anthony Jr. is a writer in the global village market . For this, he Salutes all his readers and all lovers of written work. In a word of caution, he says that men and women alike must bear. In reference, there is an Ibo saying that every market place has it's mad people who will attempt to mar the business of the seemingly sane people. On the other hand, the English say everyone is mad, it's only the degree madness that is at variance. Salutes most profoundly!
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Making Money In Online Binary Trading (A Beginners Bk II) - Will Anthony, Jr
MAKING MONEY
IN ONLINE BINARY
TRADING
(A Beginners Bk II)
Wilson Maiyo, PhD
Copyright 2014 Wilson Maiyo, PhD
Smashwords Edition
LICENSE
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopy, recording or otherwise, without written permission of the copy right owner. Nor can it be circulated in any form of binding or cover other that which it is published and without similar condition being imposed on subsequent purchaser.
ISBN: 9781311887146
Title: On-Line Trading Binary Options
PUBLISHER: Smashwords, Inc
DEDICATION
To all those entrepreneurs that risk is their daily life, to all the men and women who are the go getters of society. A spin with the dime to make aa better life in the monetary economic quagmire!
Table Of Content
DEDICATION
DIFINITIONS AND TERMS
INTRODUCTION
BINARY OPTIONS TRADING PLATFORMS
PRO-BINARY TRADING
WHAT WILL MAKE YOU AN APT TRADER?
DEMONSTRATED TRADING
TRADING ON THE ONLINE PLATFORMS
BINARY OPTION TRADE TOOLS
STRATEGISING TRADE
EXAMPLE OF A BINARY OPTIONS TRADE
THE BULLS, BEARS, RESISTANCE AND CORRECTIONS
BLACK SCHOLES FORMULAR
UNDERSTANDING BINARY OPTIONS
ADVANTAGES OF BINARY OPTIONS OVER TRADITIONAL OPTIONS
PRIME ADVANTAGES OF BINARY TRADING
TOP 5 BINARY OPTIONS TRADING TIPS
A TRADER’S TEN COMMANDMENTS
THE OTHER SIDE OF BINARY TRADING
HOW BROKERS MAKE THE MONEY
POSSIBLE FRAUD AND COMPLAINTS
CONCLUSSION
ABOUT THE AUTHOR
OTHER BOOKS BY THE AUTHOR
DIFINITIONS AND TERMS
STOCHASTIC
[A technical momentum indicator that compares a security's closing price to its price range over a given time period. The oscillator's sensitivity to market movements can be reduced by adjusting the time period or by taking a moving average of the result. This indicator is calculated with the following formula:
%K = 100[(C - L14)/(H14 - L14)]
C = the most recent closing price
L14 = the low of the 14 previous trading sessions
H14 = the highest price traded during the same 14-day period.
%D = 3-period moving average of %K
The theory behind this indicator is that in an upward-trending market, prices tend to close near their high, and during a downward-trending market, prices tend to close near their low. Transaction signals occur when the %K crosses through a three-period moving average called the %D
]. Definition by Investopedia.com
BOLLINGER BAND
[A band plotted two standard deviations away from a simple moving average, developed by famous technical trader John Bollinger. Because standard deviation is a measure of volatility, Bollinger Bands® adjust themselves to the market conditions. When the markets become more volatile, the bands widen (move further away from the average), and during less volatile periods, the bands contract (move closer to the average). The tightening of the bands is often used by technical traders as an early indication that the volatility is about to increase sharply. This is one of the most popular technical analysis techniques. The closer the prices move to the upper band, the more overbought the market, and the closer the prices move to the lower band, the more oversold the market]. Definition by Investopedia.com
SEC: U.S.A: SECURITIES AND EXCHANGE COMMISSIONS
CFTC: U.S.A: COMMODITY FUTURES TRADING COMMISSION
RSI: RELATIVE STRENGTH INDEX
MACD: MOVING AVERAGE CONVERGENCE/DIVERGENCE
INTRODUCTION
What Are Binary-Options?
Binary options trades are different from more conventional options in considerable ways. This trading style is a type of options contract in which the payment will depend entirely on the outcome of either a YES or NO proposition from the trader. Typically the yes or no proposition relates to whether the price of the asset that underlies the binary option will rise above or falls below a specified chosen point. The choice of either a Yes or No is not that simple, it is a strategic application of that choice, nearly a guess that the price of the chosen asset will be above or below a certain point at a given time. Money or loses are made pegged on that choice. No purchases are involved. The binary options gives an invest a feeling of investing which maybe softly considered as an investment on a bargain as in gambling. Because gambling has become synonymous with ‘bad’, the platform operators will not consider this gambling term as an appropriate for their business.
Much of the binary options market entirely operates through Internet-based trading platforms that are not necessarily complying with applicable trading regulatory requirements of many countries and may be engaging in illegal activities when you take a keen look at the laws of